KAI News and Press, Kadant Inc From 04/06/23

2023-04-06 13:24:38 ET Summary All these stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 9.3% and a median increase of 7.3%. There are seven increases for next week, up from five...

2023-04-01 03:52:58 ET Summary Eleven companies announced annual dividend increases in March. Colgate-Palmolive started its 7th decade of dividend growth in March with a 2% boost. Steel Dynamics followed up last year’s 31% boost with a 25% increase, resulting in a 63% payou...

WESTFORD, Mass., March 22, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it was recognized as one of "America's Greatest Workplaces for Diversity 2023" by Newsweek magazine. The recognition was awarded to 1,000 companies across 34 industries. “We are honored to be re...

WESTFORD, Mass., March 16, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) released its 2022 corporate sustainability report, which can be viewed at www.kadant.com/about-us/sustainability . The report highlights the Company’s continued commitment and progress on environmental, social,...

2023-03-11 09:08:52 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The D...

2023-03-09 01:47:09 ET Kadant ( NYSE: KAI ) declares $0.29/share quarterly dividend , 11.5% increase from prior dividend of $0.26. Forward yield 0.54% Payable May 10; for shareholders of record April 12; ex-div April 11. See KAI Dividend Scorecard, Yield ...

2023-03-06 23:21:08 ET Summary Kadant’s revenue growth in 2023 should face headwinds due to inventory destocking at channel partners. The company plans to continue implementing the 80/20 program to improve its bottom line. Based on the analysis using DCF and relative va...

Summary The dividend increases continued to come fast and furious in February. Home Depot and Silgan both announced 10%+ increases as Genuine Parts and Walmart extended their dividend growth records. Things will slow down in March, but investors will see double-digit boosts from Dol...

Kadant Inc. (KAI) Q4 2022 Earnings Conference Call February 16, 2023 11:00 AM ET Company Participants Michael McKenney - Executive Vice President & Chief Financial Officer Jeff Powell - President & Chief Executive Officer Conference Call Participants Ku...

Kadant press release ( NYSE: KAI ): Q4 Non-GAAP EPS of $2.33 beats by $0.31 . Revenue of $232.1M (+6.2% Y/Y) beats by $13.01M . Adjusted EBITDA increased 10% to $50 million and represented 21.3%* of revenue Operating cash flow decreased 42% to $35 million Endin...